According to CareerOne’s latest survey of 1000 people, Australian workers might not be too keen on entering the job hunt, but when they do they are placing a premium on those jobs which offer security.
Ben Foote, CareerOne Chief Executive believes the results show that the job hunting experience is obviously unenjoyable and off-putting for those seeking work and recruitment companies and businesses should take note and address the issue.
1. A different survey found over a quarter of Australian businesses increased staff overtime over the previous year.
2. 62% of respondents said this increased overtime was unpaid.
3. 34% attested this overtime ramped up from 5 hours per week to 10.
4. 11% said they worked over 10 hours overtime.
A Right Management survey has confirmed that more and more Australians are changing to different job functions/roles (47%) and moving around the country to improve their chances of finding work.
Pay has been slashed, with up to 40% saying they have accepted lowered pay in order to keep their job.
Other market research shows that in the finance sector, 75% of those aged over 50 will face discrimination in the workplace at some point in their lives. Older workers are 5 times less likely to job-hop than those aged 20 to 24, but nonetheless they face the perception they are slow to change and adapt to technology and innovation in the workplace, thus failing to keep up.
This perception is most often based on assumptions and ageist attitudes which hold no water and only further expand the chasm between employee age demographics.
“Businesses often fail to recognise that older workers can be just as ambitious as recent graduates. There is an urgent need for more learning and career development opportunities for older people, especially for the 126,000 job seekers aged 50+ who have been out of work for over a year”, says Director of the Centre of Research into the Older Workforce at Newcastle University Business School, Dr Matt Flynn.